Levi's Closing North American Plants

[brandon184]

http://www.cnn.com/2004/US/Southwest....ap/index.html

[NeoStarO1]

Well there goes another corporation overseas.
Don't they relize the consequences this is going to have in about 5 to 10 years? Stupid corporations!

Yeah I heard about this last year.

America, Home of the Jobless.

[no1_vern]

no they dont. All they care about is the what the bottom line is NOW!

[NeoStarO1]

I agree with you vern. 10 years from now we in america are gonna have a noose around our necks for all consumer goods and being dependant on china. I don't like that thought at all and the stupid polititions have no clue to what is happening. They just think its good for the trade agreements.

[thekingofpain]

Makes sense---Levi used to almost be the only pant worn, now there are thousands of other manufacturers---remember when Schwinn was about the only bicycle purchased? And Coke/Pepsi was the softdrink of choice, people mostly drove Chevys and Fords etc...

I don't remember saying they could move my factories overseas. Silly underlings, you need to ask my permission!

[Mr. Goodbytes]

As with any other business that leaves this country or disappears entirely, those who have lost their jobs will find something else to do, and some entrepreneurs will create a new market entirely. Look back to to the end of World War II. A lot of soldiers came home from the fronts to find there was no work for them. Well they obviously didn't sit around and mope about it, not like today's whiners do. They went out and found work, or made work for themselves. It wasn't very long after world war II that restaurants started becoming popular. There was a time when people rarely went out to eat. By a large margin, most meals were cooked in the home. It was only for a very special occasion, or out of necessity (usually travel) that families ate out. Now we can count the number of restaurants in the area by using a per-capita figure.

Businesses have to worry about the bottom line; they have to be driven by profit. Otherwise, why stay in business? Do you want to make jeans? Odds are those who make them here in the US would rather be doing something else anyway. Now's their opportunity. Some of those who have been knocked down will get back up and do something amazing, some will just get back up enough to keep marching on. Others will stay down, which is always a shame to see. It all depends on how you look at it. None of us are guaranteed jobs as a right, but businesses are guaranteed to disappear if they can't ever find a way to stay/remain competitive and to post profits.

[whitebeard21]

Mr.goodbytes reread your post after you wave goodbye to your employment. I dont care what job you are in people with no money can't buy your services.
The unemployed don't have any money!
A person that was earning 45,000 a year that has to take a job paying 15,000 just to feed his family doesn't eat in restaurants.
Why can't this administration understand that?

[RayH]

Mr. Goodbytes It used to be the problem was COMPETITION from overseas. Foreign companies would compete with US companies. Now, the US companies are moving their operations off shore.

But it's not just the manufacturing base that's moving. It's the intellectual base that's also moving. The actual engineering is being done overseas now.

All the financial records of the United States of America is beginning to be processed overseas. It's like storing all the US gold, when we were on the gold standard, overseas.

If you understand the history of the world, the Middle East lost its greatness when Europe found a way around the trade routes controlled by the Arabs. China went into decline when Europe grabbed the Chinese secret to silk manufacturing, stumbled upon a process of make porcelein, and got the tree trees out of China.

American businesses used to grow businesses. They are now growing stock. Everybody in this country can't be lawyers and doctors!